Starting a business may seem like a daunting challenge — but with the proper tools and planning, you can be on your way to a personally and financially rewarding business. The WRC is here, ready to help in any way we can.
First, formulate a solid business plan in order to capitalize on your ideas; obtain necessary financing well in advance; pay careful attention to federal, state and local registration requirements as well as licenses and taxes.
You may find the Mass.gov guide to starting a business below helpful. Explore other resources through state and local agencies, and consult a qualified attorney and accountant before getting started.
Keep in mind that the start-up process will not be quick or easy — six months to one year is a reasonable estimate of time that it may take to open the doors of your business. However, addressing the issues listed below during the preparation period will help ensure a successful launch of your new business.
With proper marketing, diversification of product lines, exemplary customer service and community outreach, significant growth is possible for any business even in a down or uncertain economy. The WRC provides outreach and support, opportunities for networking and events and activities that can help businesses grow and prosper.
Here are links to several excellent resources:
Massachusetts Small Business Development Center Network
Commonwealth of Massachusetts Official Website
The Commonwealth's business resource and information directory.
Regional Employment Board of Hampden County
SCORE Small Business Mentoring & Training
U.S Small Business Administration